Australia's largest stock trading and investment forum Australia's #1 stock forum

RRP

Click for more information

0.00%

8.5¢ realm resources limited

Ann: Third Bidder Supplement and increase of Offer Price to $1.00, page-118

First 118 Last

Share
Profile

Follow
Van88

2,000 Posts.

109

01/06/18

10:25

Post #: 33426694
Share

Originally posted by RedTerritory ↑

I agree with what you are saying. Realm is worth way more than the 2 bucks as I suggested but I image most holders would probably accept $2 to be done with it

I'm saying from a business perspective their plan is inefficient and that they could do better by just getting the deal done

They have 217 million shares and let say they have a market value of 4 bucks thats 868 million bucks of value. Not sure how much they borrowed but 868 mill at 5% is 43 mill a year. So I reckon its costing them at least that to carry on this way.

If it was me I'd just get on with it so I could move on to the next project.

Expand

good point - i would 100% accept $2 a share anything less probably just hold onto them and see what happens

RRP Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

I88

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

PH2

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

29M

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

First 118 Last

Add RRP (ASX) to my watchlist